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Peer2Peer Finance News | July 20, 2018

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CYBG

CYBG chief named as fintech envoy for England

March 22, 2018 |

THE CHIEF executive of the owners of the Clydesdale and Yorkshire banks has been picked by the Treasury as the newly-created fintech envoy for England, as part of Chancellor Philip Hammond’s first fintech strategy announced this week.

David Duffy (pictured), … Read More

Most people in the dark about Open Banking

February 27, 2018 |

THE MAJORITY of UK consumers are still unaware of Open Banking, according to new research.

The data-sharing scheme, which was launched in January this year, mirrors the EU’s Payment Services Directive II, mandating high street banks to share anonymised customer data … Read More

SMEs’ economic health hits 18-month high

September 7, 2017 |

INCREASED lending to small- and medium-sized enterprises (SMEs) has helped their economic strength reach an 18-month high, a new index claims.

The SME Health Check Index, released on Thursday, rose from 46.9 in the first three months of 2017 to 58.9 … Read More

SMEs’ financial health falls to lowest level in three years

June 26, 2017 |

THE CONDITIONS for UK small- and medium-sized enterprises (SMEs) deteriorated to the worst level in three years in the first quarter, new research has shown.

The inflation rate is outstripping wage growth and hampering consumer spending, while the weak pound … Read More

SME access to finance ‘worse outside London’

April 10, 2017 |

ONE THIRD of small- and medium-sized enterprises (SMEs) struggle to access bank finance, with credit conditions perceived to be worse outside London, a survey claims.

Research by CYBG, owner of the Clydesdale and Yorkshire bank brands, found 35 per cent … Read More